The new hotel tower at Henderson’s M Resort will break ground by the end of 2023, and it’s expected to be completed in 2025, executives with Penn Entertainment Inc. reported Thursday.
The 384-room expansion will nearly double the capacity at the property to 774 rooms and suites. The $206 million project is part of a four-property $850 million expansion in Illinois, Ohio and Nevada.
Penn CEO Jay Snowden added a few details about the projects, including the construction start-up plan, in a Thursday third-quarter earnings call with investors. Snowden said all four projects would begin by the end of next year with most of the spending occurring in 2024 and 2025.
